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850120 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.41BRnk 1750 / 4644
2023
Top Exporter | Top Importer $479M | $210MChina | United States
2023
Product Complexity 0.33Rnk 1976 / 4656
2022 - 2023
Export Growth (CAGR) -10.5%Rnk 2763 / 4644
2023
Share of World Trade 0.0062%Rnk 1750 / 4644

About

Overview This page contains the latest trade data of Universal AC/DC motors of an output < 37.5 watts. In 2023, Universal AC/DC motors of an output < 37.5 watts were the world's 1750th most traded product, with a total trade of $1.41B. Between 2022 and 2023 the exports of Universal AC/DC motors of an output < 37.5 watts decreased by -10.5%, from $1.58B to $1.41B. Trade in Universal AC/DC motors of an output < 37.5 watts represent 0.0062% of total world trade.

Universal AC/DC motors of an output < 37.5 watts are a part of Electric Motors.

Exports In 2023 the top exporters of Universal AC/DC motors of an output < 37.5 watts  were China ($479M), Italy ($93.5M), United States ($90.8M), Germany ($89.7M), and Japan ($67.4M).

Imports In 2023 the top importers of Universal AC/DC motors of an output < 37.5 watts were United States ($210M), Mexico ($64.7M), Germany ($63.1M), Turkey ($60M), and Italy ($59.3M).

Ranking Universal AC/DC motors of an output < 37.5 watts ranks 1976th in the Product Complexity Index (PCI).

Description Universal ac/dc motors are used in many personal devices such as electric toothbrushes, electric hair clippers, electric shavers, and electric nail clippers. These motors are usually of an output of below 37.5 watts.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Universal AC/DC motors of an output < 37.5 watts. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$479M
Top Destination (2023)United States$210M

In 2023 Universal AC/DC motors of an output < 37.5 watts were the world's 1750th most traded product (out of 4,644).

In 2023, the top exporters of Universal AC/DC motors of an output < 37.5 watts were China ($479M), Italy ($93.5M), United States ($90.8M), Germany ($89.7M), and Japan ($67.4M).

In 2023, the top importers of Universal AC/DC motors of an output < 37.5 watts were United States ($210M), Mexico ($64.7M), Germany ($63.1M), Turkey ($60M), and Italy ($59.3M).

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Exporters of Universal AC/DC motors of an output < 37.5 watts (2023)
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Importers of Universal AC/DC motors of an output < 37.5 watts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$32.6M
Top Destination Growth (2022 -  2023)Spain$32.4M

Between 2022 and 2023, the exports of Universal AC/DC motors of an output < 37.5 watts grew the fastest in Mexico ($32.6M), Canada ($16.9M), Singapore ($10.6M), Italy ($8.11M), and India ($8.01M).

Between 2022 and 2023, the fastest growing importers of Universal AC/DC motors of an output < 37.5 watts were Spain ($32.4M), Netherlands ($17.2M), Canada ($7.3M), Malaysia ($6.74M), and Romania ($5.89M).

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Exporters of Universal AC/DC motors of an output < 37.5 watts (2022 - 2023)

Importers of Universal AC/DC motors of an output < 37.5 watts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Universal AC/DC motors of an output < 37.5 watts.

In 2023, market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Universal AC/DC motors of an output < 37.5 watts are explained by 16 countries.

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Value of Exports in Universal AC/DC motors of an output < 37.5 watts

Net Trade

TOP NET EXPORTER (2023)China$457M
TOP NET IMPORTER (2023)United States$119M

This map shows which countries export or import more of Universal AC/DC motors of an output < 37.5 watts. Each country is colored based on the difference in exports and imports of Universal AC/DC motors of an output < 37.5 watts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Universal AC/DC motors of an output < 37.5 watts were China ($457M), Japan ($64.1M), Slovenia ($56.5M), Italy ($34.3M), and Vietnam ($31.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Universal AC/DC motors of an output < 37.5 watts were United States ($119M), Poland ($51M), Malaysia ($49.1M), Spain ($45.3M), and Turkey ($44.5M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Universal AC/DC motors of an output < 37.5 watts.
It is possible to select the main countries that export or import Universal AC/DC motors of an output < 37.5 watts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Universal AC/DC motors of an output < 37.5 watts by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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